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Aria Perfume, Incorporated, sold 2 , 8 7 0 boxes of white musk soap during January of 2 0 2 4 at the price of
Aria Perfume, Incorporated, sold boxes of white musk soap during January of at the price of $ per box. The company offers a full refund to unsatisfied customers for any product returned within days from the date of purchase. Based on historical experience, Aria expects that of sales will be returned. How many performance obligations are there in each sale of a box of soap? How much revenue, sales returns, and net revenue should Aria recognize in January? 
Aria Perfume, Incorporated, sold boxes of white musk soap during January of at the price of $ per box. The company
offers a full refund to unsatisfied customers for any product returned within days from the date of purchase. Based on historical
experience, Aria expects that of sales will be returned.
How many performance obligations are there in each sale of a box of soap? How much revenue, sales returns, and net revenue should
Aria recognize in January?
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
9th Edition
111970958X, 9781119709589
